Zacks: Analysts Anticipate EPR Properties (EPR) Will Announce Quarterly Sales of $127.81 Million

Wall Street brokerages predict that EPR Properties (NYSE:EPR) will post sales of $127.81 million for the current quarter, according to Zacks Investment Research. Four analysts have made estimates for EPR Properties’ earnings, with estimates ranging from $123.64 million to $131.83 million. EPR Properties reported sales of $107.47 million during the same quarter last year, which suggests a positive year over year growth rate of 18.9%. The company is expected to issue its next earnings report on Tuesday, February 27th.

On average, analysts expect that EPR Properties will report full-year sales of $127.81 million for the current financial year, with estimates ranging from $472.97 million to $492.59 million. For the next financial year, analysts forecast that the firm will post sales of $524.11 million per share, with estimates ranging from $493.68 million to $549.71 million. Zacks Investment Research’s sales averages are an average based on a survey of research firms that that provide coverage for EPR Properties.

EPR Properties (NYSE:EPR) last announced its earnings results on Wednesday, November 8th. The real estate investment trust reported $0.77 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.30 by ($0.53). EPR Properties had a return on equity of 10.01% and a net margin of 45.71%.

A number of equities research analysts have issued reports on EPR shares. Zacks Investment Research cut EPR Properties from a “buy” rating to a “hold” rating in a research report on Friday, November 10th. KeyCorp set a $80.00 target price on EPR Properties and gave the stock a “buy” rating in a research report on Sunday, October 29th. B. Riley set a $80.00 target price on EPR Properties and gave the stock a “hold” rating in a research report on Wednesday, November 15th. Ladenburg Thalmann Financial Services reaffirmed a “buy” rating on shares of EPR Properties in a research report on Monday, November 13th. Finally, ValuEngine cut EPR Properties from a “buy” rating to a “hold” rating in a research report on Sunday, December 31st. One analyst has rated the stock with a sell rating, five have issued a hold rating and two have assigned a buy rating to the company. EPR Properties presently has a consensus rating of “Hold” and a consensus price target of $77.17.

In other news, SVP Craig L. Evans sold 14,000 shares of the stock in a transaction that occurred on Thursday, January 11th. The stock was sold at an average price of $60.03, for a total value of $840,420.00. Following the completion of the sale, the senior vice president now directly owns 38,384 shares of the company’s stock, valued at $2,304,191.52. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP Tonya L. Mater sold 2,100 shares of the stock in a transaction that occurred on Monday, December 4th. The shares were sold at an average price of $68.09, for a total value of $142,989.00. Following the completion of the sale, the vice president now directly owns 28,929 shares of the company’s stock, valued at $1,969,775.61. The disclosure for this sale can be found here. Insiders sold 25,459 shares of company stock valued at $1,615,516 over the last three months. 1.50% of the stock is owned by company insiders.

Several institutional investors and hedge funds have recently bought and sold shares of the company. Vanguard Group Inc. boosted its position in shares of EPR Properties by 4.4% in the second quarter. Vanguard Group Inc. now owns 10,791,750 shares of the real estate investment trust’s stock valued at $775,604,000 after acquiring an additional 454,716 shares during the period. BlackRock Inc. boosted its position in shares of EPR Properties by 1.1% in the second quarter. BlackRock Inc. now owns 7,298,677 shares of the real estate investment trust’s stock valued at $524,555,000 after acquiring an additional 78,416 shares during the period. State Street Corp boosted its position in shares of EPR Properties by 0.6% in the second quarter. State Street Corp now owns 2,125,915 shares of the real estate investment trust’s stock valued at $152,787,000 after acquiring an additional 12,552 shares during the period. Wedge Capital Management L L P NC boosted its position in shares of EPR Properties by 8.5% in the third quarter. Wedge Capital Management L L P NC now owns 1,654,418 shares of the real estate investment trust’s stock valued at $115,379,000 after acquiring an additional 128,976 shares during the period. Finally, Uniplan Investment Counsel Inc. boosted its position in shares of EPR Properties by 17.1% in the third quarter. Uniplan Investment Counsel Inc. now owns 1,217,866 shares of the real estate investment trust’s stock valued at $84,933,000 after acquiring an additional 177,534 shares during the period. 88.65% of the stock is owned by institutional investors.

Shares of EPR Properties (EPR) traded up $0.96 during trading on Friday, reaching $60.51. The company’s stock had a trading volume of 584,180 shares, compared to its average volume of 523,912. The company has a market capitalization of $4,460.00, a PE ratio of 18.01, a P/E/G ratio of 2.00 and a beta of 0.57. The company has a quick ratio of 7.88, a current ratio of 7.88 and a debt-to-equity ratio of 1.03. EPR Properties has a 52-week low of $59.31 and a 52-week high of $77.70.

The firm also recently disclosed a jan 18 dividend, which will be paid on Thursday, February 15th. Stockholders of record on Wednesday, January 31st will be given a $0.36 dividend. This represents a dividend yield of 0.00592202664911992%. This is a boost from EPR Properties’s previous jan 18 dividend of $0.34. The ex-dividend date is Tuesday, January 30th. EPR Properties’s dividend payout ratio is currently 121.43%.

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EPR Properties Company Profile

EPR Properties is a specialty real estate investment trust. The Company’s investment portfolio includes primarily entertainment, education and recreation properties. The Company’s segments include Entertainment, Education, Recreation and Other. The Entertainment segment consists of investments in megaplex theatres, entertainment retail centers, family entertainment centers and other retail parcels.

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Earnings History and Estimates for EPR Properties (NYSE:EPR)

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